On December 20, 2024 (the “
Amendment Date
”), HPS Corporate Lending Fund (the “
Fund
”) executed the Second Amendment to Loan and Security Agreement (the “
Amendment
”), amending that certain Loan and Security Agreement, dated as of March 28, 2024, among the Fund, as equityholder and as collateral manager, HLEND Holdings E, L.P. as borrower (the “
Borrower
”), Wells Fargo Bank, National Association, as administrative agent, U.S. Bank Trust Company, National Association, as collateral agent, U.S. Bank National Association, as document custodian, and the lenders from time to time party thereto (as amended by that certain First Amendment to Loan and Security Agreement, dated as of November 18, 2024, and as further amended and/or supplemented from time to time prior to the Amendment Date, the “
Credit Agreement
”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Credit Agreement (as amended by the Amendment).
The Amendment, among other things, increases the total facility amount from $750,000,000 to $1,000,000,000.
The description above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment, which is filed as Exhibit 10.1 to this Current Report on
Form 8-K and
incorporated by reference herein.
The information included under Item 1.01 above regarding the Amendment and the Amended Credit Facility is incorporated by reference into this Item 2.03.